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Stock Movers: Pinterest, Lyft Up on Competition, Expedia, Affirm Down
Stock Movers: Pinterest, Lyft Up on Competition, Expedia, Affirm Down

Bloomberg

time09-05-2025

  • Business
  • Bloomberg

Stock Movers: Pinterest, Lyft Up on Competition, Expedia, Affirm Down

Pinterest (PINS) is up after the company reported strong returns on its use of artificial intelligence to boost growth. Tariff concerns still remain, but the company's advertising outlook was positive. Expedia (EXPE) fell after the travel company cut its full-year outlook for bookings and revenue due to weaker-than-expected domestic and inbound travel demand in the US. Lyft (LYFT) rose after the ride-hailing company reported better-than-expected booking numbers, beating competitor Uber. The ride share company's expanded buyback is partly boosting the stock. Affirm (AFRM) is down after earnings missed estimates. However, the outlook on the company is positive after it announced a partnership with Costco to allow shoppers to pay over time for purchases at the bulk store. (Source: Bloomberg)

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